Asian shares ease slightly as tariff deadline looms
Asian equity markets ticked down on Tuesday, tracking Wall Street losses as investors fretted over a Dec. 15 deadline for the next round of U.S. tariffs on Chinese imports to take effect.
Asian equity markets ticked down on Tuesday, tracking Wall Street losses as investors fretted over a Dec. 15 deadline for the next round of U.S. tariffs on Chinese imports to take effect.
U.S. automaker Ford Motor Co. said on Monday it expects its full year 2019 loss, before interest and taxes, from China to be nearly halved from the year ago.
At a two-day gathering for Honda's suppliers in March, Chief Executive Takahiro Hachigo sounded the alarm.
Oil prices slipped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC's agreement with associated producers at the end of last week to deepen crude output cuts in early 2020.
J.P. Morgan stock is up more than 37 percent this year, but analysts at Keefe Bruyette & Woods don't expect a repeat in 2020.
A new analysis of where "innovation" jobs are being created in the United States paints a stark portrait of a divided economy where the industries seen as key to future growth cluster in a narrowing set of places.
France's Sanofi said on Monday it had agreed to buy Synthorx in a cash deal worth around $2.5 billion as it seeks to beef up its immuno-oncology pipeline.
Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China's economic slowdown due to the prolonged Sino-U.S. trade war.
Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong U.S. jobs data, although regional gains were capped by concerns about China's economic slowdown due to the prolonged Sino-U.S. trade war.
Sanofi said on Monday it had agreed to buy California-headquartered biotechnology firm Synthorx in a cash deal worth about $2.5 billion aimed at beefing up the French drugmaker's pipeline of drugs for cancer and auto-immune disorders.
Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about damage being done to global demand by the Sino-U.S. trade war.
Swedbank said on Monday its chief risk officer was leaving as the Swedish bank revamps its structure to regain customer trust after a money laundering scandal in its Baltic branches sent its shares down 40% in the past year.
European stocks fell on Monday as worries about a Chinese economic slowdown and the U.S.-China trade war outweighed Friday's strong U.S. jobs data, in a quiet start to trading before several big events later in the week.
More and more companies are putting plans for U.S. initial public offerings (IPO) on ice this year because of investor pushback against their valuations, creating a backlog that could make stock market debuts more challenging in 2020.
Prosus raised its unsolicited cash offer for British food delivery service Just Eat to $6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway in a bitter takeover battle.